Cost budgets—form, content and practical considerations
Cost budgets—form, content and practical considerations

The following Dispute Resolution practice note provides comprehensive and up to date legal information covering:

  • Cost budgets—form, content and practical considerations
  • Form of the costs budget
  • Long form or short form
  • How do I complete a costs budget?
  • Guidance on completing the Precedent H/costs budget
  • Practical consideration—estimating future costs
  • Other costs estimates are required under different CPR provisions
  • Have a clear case strategy
  • Have regard to other costs budgets
  • Applications
  • More...

On 1 October 2020, changes to both section II of CPR 3 and CPR PD 3E dealing with costs budgeting came into force through the Civil Procedure (Amendment No 3) Rules 2020, SI 2020/747 and the 122nd update—practice direction amendments, the two documents that set out the 1 October 2020 changes. This Practice Note sets out the position from 1 October 2020. For an insight into the changes, see Practice Note: Tracker—costs management and costs budgeting review and future changes—Significant changes to costs budget rules (1 October 2020). For other information, see Q&As: Where can I access the old rules on costs budgeting in Part 3 and Practice Direction 3E that were in force until 30 September 2020? and Where can I find the documents that set out the October 2020 changes to CPR 3 and CPR PD 3E?

This Practice Note assists in completing a costs budget. It should be read in conjunction with Practice Note: Costs budgeting—completing Precedent H (costs budget). This Practice Note sets out the form of Precedent H required which depends on the date that proceedings commenced (links are provided to the different forms). It then goes through how to complete the form in conjunction with various Checklists. It also considers issues which arise when acting in cases requiring costs budgets which involve multiple parties, multiple proceedings or group litigation.

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